Real estate investment

Overseas Pakistanis

Overseas Pakistanis and Real Estate Investment

Investing in Real Estate by Pakistanis Living Abroad Overseas Pakistanis contribute significantly to the national economy. Remittances paid by Pakistanis living abroad assist to stabilize the country's foreign currency reserves and encourage Foreign Direct Investment (FDI). There are around nine million Pakistanis living in various countries, with the majority residing in the Gulf area, including the...

Swat Snowfall

Swat Celebrates First Snowfall

Swat celebrates First Snowfall, Islamabad is Drenched SWAT: The first snowfall of the winter season fell in Swat and the surrounding territories on Sunday, October 10, 2021, officially ushering in the season and turning the climate pleasant. District Swat regions such as Gabin Jabba and Bashigram have recorded the first snowfall of the winter season across the mountainous range. Separately, torrential...

LSHA: A Signature Icon by Landster Builders and Developers

LSHA: A Signature Icon by Landster Builders and Developers

Landster Spanish Hotel Apartments (LSHA) Landster Builders and Developers is one of the most trusted names in the construction industry. They believe in delivering luxuries, high-quality hotel apartments, villas, plazas, houses, and farmhouses options at affordable prices that have set the new benchmark in the construction industry. After delivering high-quality projects such as Abbott Hotel, Kalabagh;...

FBR Reduces Taxes For Construction Sector

FBR Excludes The Tax Amnesty Regime For The Construction Sector ISLAMABAD: The Federal Revenue Board (FBR) has ruled out the possibility of a new tax amnesty plan for contractors to revive the construction industry, stating that the FBR cannot waive the collection of Rs. 200 billion a year. During the deliberations of the meeting of the Senate Standing Finance Committee, it was proposed to drastically...

Construction Work on Margalla Road Begins

Asad Umar to inaugurate construction work on Margalla Road ISLAMABAD: The Minister of Planning, Development, and Special Initiatives, Asad Umar, will begin construction work on the 35km Margalla motorway Ali Nawaz Awan, special assistant to the prime minister (SAPM) at the Capital Development Authority (CDA), who will attend the ceremony, said that construction of the road will begin on Thursday, June 3,...

Marla to Square Feet Conversion Made Easy For You!

A Guide for Marla to Square Feet Conversion History of Measuring System  The history of the measurement system dates back to the beginning of the Indus Valley Civilization, around the fifth millennium BC. The Maurya Empire (322-185 BC) formulated the rules for using the complex system of weights and measures, but later it was the Mughal Empire that began to use these measures to determine land...

Rawalpindi Ring Road New Alignment Begins

RAWALPINDI: The Punjab government has started a new alignment of the much needed Rawalpindi Ring Road project. The decision was made after Prime Minister Imran Khan became aware of the alleged changes to the alignment of the much-needed Rawalpindi Ring Road project, which not only increased the cost of the project by Rs 25 billion, but also allegedly benefited some private real estate companies. As the...

Pakistan’s Religious Tourism: Top Sites To Explore

Pakistan’s Religious Tourism: Top Sites To Explore

The Punjab Department of Archeology and Tourism (TAD) has announced that it will begin work to revive and promote religious tourism in Pakistan. To this end, a comprehensive plan was presented to restore 11 religious sites, sacred to various religions. The announcement of such a plan is nothing new to the incumbent government, as its tourism policies focus primarily on socio-economic improvement, as well...

RUPEE STRENGTHENS AGAINST DOLLAR

RUPEE STRENGTHENS AGAINST DOLLAR Rupee Strengthened Against the US dollar to 159.31 rupees The rupee strengthened against the US dollar to 159.31 rupees in the interbank market on Wednesday compared with a close of 159.34 rupees on Tuesday, according to the State Bank of Pakistan (SBP). Previously, the SBP allowed the rupee to depreciate massively in the interbank market after the completion of an...

BANK ALLOWED THIRD PARTY GUARANTEE FOR HOUSE FINANCING

SBP allows housing loan on personal guarantee KARACHI: In order to make it easier for banks to extend the financing of low-cost housing, the State Bank of Pakistan (SBP) has allowed banks to accept a personal guarantee from a third party to finance low-cost housing to cover the risks of the mortgage. The news reported on Tuesday, February, 16, 2021     Currently, applicants face...

Illegal housing society

ILLEGAL HOUSING SOCIETY DEVELOPERS ON HIT LIST

'The developers of illegal companies will be penalized’ LAHORE: Punjab Minister of Law and Cooperatives Raja Basharat said those who have developed illegal housing companies across the province will face punishment and directive from Prime Minister Imran Khan as savings protection would be guaranteed to the poor. He said this on Tuesday while chairing a meeting of the National Coordination Committee...

New year resolution to buy a house

BUY A HOUSE, NEW YEAR RESOLUTION

Want to buy a house this year? It’s a big step, requiring planning ahead and plenty of financial preparation. Therefore, here are 7 New Year’s resolutions that can prepare you to find that perfect home and make your move! The New Year is often a time to hit the reset button and start fresh. It is an excellent opportunity to start reaching towards an ongoing goal you have. If buying a home has been an...

PAKISTAN DRONE POLICY

PAKISTAN TO FORM ITS FIRST EVER DRONE POLICY

PAKISTAN FIRST EVER DRONE POLICY Prime Minister (PM) Imran Khan on Tuesday (22.DEC.2020) ordered the formulation of Pakistan’s own first ever drone policy. Following a media briefing, the decision came from Federal Minister for Science and Technology Chaudhry Fawad Hussain on the use of drones in various fields. The PM noted that drones could be used to fulfill the tasks not only in agriculture,...

CPEC MODEL GREEN BELT INITIATIVE

CPEC TO BE TURNED INTO MODEL GREEN BELT INITIATIVE

MODEL GREEN BELT INITIATIVE Pakistan and China agreed to turn the China-Pakistan Economic Corridor (CPEC) into a green belt and a road initiative model. This step was taken to protect and preserve the natural environment in the region. So, it was decided during a meeting held on Monday (14.dec.2020). The meeting was held between Special Assistant to the Prime Minister on Climate Change Malik Amin...

Rawalpindi Ring Road

PUNJAB EPA HAS CLEARED RAWALPINDI RING ROAD PROJECT: SAYS COMMISSIONER

Commissioner retired Capt Mohammad Mahmood said that the Punjab Environment Protection Agency (EPA) had given clearance to the Rawalpindi Ring Road project. He was presiding over a review meeting of the Rawalpindi Ring Road project at the Commissioner’s Office. The meeting was also attended by Finance and Planning Director Nazia Parveen Sudhan, Rawalpindi Development Authority Director General...

CDA PARKS

CDA RESTORES OVER 50 PARKS IN ISLAMABAD

The Capital Development Authority (CDA) has completed work on repairing, restoration, and decoration of more than 50 parks in different sectors of the metropolitan. Portable washrooms are installed in the parks by the management. CDA has issued tenders for the uplifting of Srinagar Highway and Landscape of Golra Interchange. According to details, CDA's work for repairing, restoration, and...

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